http://eprocesspros.com Accounting Outsourcing | Franchise Management System | Hosted Technology Platform for Accounting Firms Fri, 23 Jul 2010 18:26:56 +0000 http://backend.userland.com/rss092 en P&L – Profit and Loss Statement Your Profit and Loss Statement (or income statement) describes your company’s overall performance. The P&L tells how much money you’re making in your business and how you’re making it. It measures revenues received and costs incurred over a certain period of time. It tells you ... http://eprocesspros.com/2010/07/23/five-acronyms-every-small-business-should-know/ Cost of goods sold consumes over 40% of every dollar your customers spend in your store. There is no other single expense that provides the same opportunity to improve profitability as cost of goods. The inventory you maintain and how you use it to fulfill your customers’ orders ... http://eprocesspros.com/2010/07/06/why-is-managing-your-inventory-critical-to-maximizing-profitability/ Deferred Revenue is revenue that is considered a liability until it becomes relevant to the business at hand. There are many forms of deferred revenue: gift certificates, software license, prepaid professional services and possibly some retainers when the service delivery schedule is not pre-determined. Cash is an ... http://eprocesspros.com/2010/03/15/using-deferred-revenue-to-control-cash/ Roam is an innovative meeting, dining, and gathering place for a new progressive workforce. They are dedicated to people on the move that need a better way to connect with others, work productively and grow their businesses. As they expand their operations they need a consistent and accurate view of business performance ... http://eprocesspros.com/2010/02/15/roam_atlanta/ Three Firehouse Subs® locations, founded by firemen and renowned for hearty, oversized portions and piping hot subs, are now looking to eProcess Pros for all of their transactional accounting and financial reporting. eProcess Pros completes daily sales posting, three way invoice matching for accounts payable processing, cash reconciliation and monthly reporting. http://eprocesspros.com/2010/02/15/firehouse_sub/ eProcess Pros is different from most accounting and financial reporting outsourcing companies in that we try to help you in your business, not just record historic events about your business. Because of this we are just as interested in helping our clients grow revenue as we are recording and controlling ... http://eprocesspros.com/2010/01/30/drive-revenue-while-controlling-expenses/ Chief financial officers (CFOs) should implement finance and accounting business process outsourcing (BPO) to allow them to spend more time on strategic activities, according to Gartner Consulting, a unit of Gartner, Inc. Gartner Consulting recommends that CFOs consider delegating transactional tasks to a third party whose core business is finance ... http://eprocesspros.com/2009/12/29/why-outsource-financial-and-accounting-processes/ A study completed by the Aberdeen Group investigated the impact of good business intelligence on company performance during this economic downturn. There were three classifications; best-in-class, which has an 11% increase in operating profit and a 96% customer retention rate, Industry average performers which had a 5% decrease in ... http://eprocesspros.com/2009/12/29/aberdeen-links-business-intelligence-to-performance/